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India's largest bank sees profit rise and bad loans shrink
Lending major State Bank of India (SBI) on Wednesday reported a year-on-year rise of 55.25 per cent…
ICICI Bank has outpaced HDFC Bank on nearly every count in the last three months
ICICI Bank has been the best perform…
India's pile of bad loans could be at least 1.5 times bigger in the next 9 months
The moratorium on paying back loans, which was brought into effect in March, has kept a cloak on…
India's largest bank reports a sharp fall in bad loans — enough for the street to ignore the 7% fall in profit
Total income (standalone) also fell marginally to Rs 75,980.65 crore during Q3FY21, as against …
PTI
Axis Bank's net profit for the Q3 of 2020-21 fell 36%
Lending major Axis Bank's net profit for the third quarter of 2020-21 fell 36 per cent due to highe…
BoB says fresh NPA accretion nearly peaked
Mumbai, Jan 27 () State-owned Bank of Baroda, which saw slippages soaring over Rs 10,000 crore in D…
PTI
Kotak Mahindra Bank still on ‘alert’ as profit improves 27% over the last three months
Kotak Mahindra Bank (KMB) is still on ‘alert’ as it recovers from the COVID-19 impact. In the three…
NBFCs NPA ratio jumps to 6.1 pc: RBI
Mumbai, Dec 24 () The non-banking financial company (NBFC) sector, which has been affected by a ser…
PTI
Uday Kotak says Kotak Mahindra Bank 'needs to be clear on lending' as profits dip by 10% in Q4
Kotak Mahindra Bank reported a 10% decline in consolidated net profit at ₹1,951.82 crore for the fo…
Bandhan Bank’s profits fall by 29% even though asset quality shows improvement
Bandhan Bank’s profits fell by over 29% in the fourth quarter even as its asset quality improved. W…
Axis Bank CEO says lending will be 'cautious' despite easing stress from bad loans in the latest fourth quarter
Axis Bank reported a net loss of ₹1,387.78 crore in the fourth quarter of financial year ending Mar…
PNB Q3 loss at Rs 492 cr as NPA provisioning spikes
New Delhi, Feb 4 () Punjab National Bank (PNB) on Tuesday reported a standalone net loss of Rs 492.…
PTI
Yes Bank posts lower net profit for FY19 due to NPA divergence
New Delhi, Nov 19 () Yes Bank on Tuesday reported a lower net profit of Rs 1,084.03 crore for 2018-…
PTI
Central Bank of India Q3 profit at Rs 164 cr, NPA provision comes down
New Delhi, Jan 28 () Central Bank of India on Tuesday reported a consolidated net profit of Rs 164.…
PTI
ICICI Bank's gross bad loans drop to the lowest in 5 years
ICICI Bank’s profits are up and bad loans shrunk significantly by the end of June 2020. The b…
Corporation Bank Q3 net jumps to Rs 421 cr on higher interest income, NPA still high
For the accounts covered under the provisions of Insolvency and Bankruptcy code (IBC), the bank ha…
PTI
India’s largest fuel retailer is undertaking its biggest share buyback since 2001 in order to help the central government meet its disinvestment target
The move also includes a dividend payout of ₹6,75 per share, resulting in a total payout of ₹6…
Central Bank of India reports higher Rs 6,430cr loss for FY19 due to NPA divergence
New Delhi, Nov 19 () Central Bank of India has reported an increased net loss of Rs 6,430.48 crore …
PTI
Gujarat banks' gross NPAs rise to Rs 43,000 cr as of Sept 2019
Ahmedabad, Dec 24 () Gross NPAs of Gujarat banks have increased to Rs 43,290.18 crore, or 7.10 per …
PTI
Yes Bank added over 90 pc of gross bad loans during nine months ended Dec 2019
Of the gross bad loans on the books of Yes Bank at end of December 2019, the bulk of loans -- Rs 3…